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ARB11841 is 54 bars into a downtrend, coiling inside a bear pennant inside a weekly uptrend. It poked below the pennant 4 bars ago without closing there. $0.20108 ends the pennant, $0.19967 resumes the fall.

ARB11841-USD · 4H · read on 2026-10-02 · Poked below $0.19967 4 bars ago without closing there. Still forming.

What the read found

Trend: lower highs and lower lows over the window, 3 steps across 54 bars, still intact
Formation: bear pennant — Poked below $0.19967 4 bars ago without closing there. Still forming.
Decides above: $0.20108 (the bear pennant)
Decides below: $0.19967 (the bear pennant)
Resistance: $0.20169
Support: $0.19685
Level history: The last four times price reached $0.20169 it held three times, bouncing 16% on average, and broke through once.
Level history: The last four times price reached $0.19685 it held every time, bouncing 7.1% on average.

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Every figure on this page was computed from the real candles up to 2026-10-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns